Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) to Issue $0.12 Monthly Dividend

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) announced a monthly dividend on Wednesday, March 12th, NASDAQ Dividends reports. Investors of record on Thursday, March 13th will be paid a dividend of 0.1223 per share on Friday, March 14th. This represents a $1.47 dividend on an annualized basis and a yield of 7.09%. The ex-dividend date of this dividend is Thursday, March 13th.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

NASDAQ:HNDL traded down $0.29 during mid-day trading on Thursday, hitting $20.70. The company’s stock had a trading volume of 94,899 shares, compared to its average volume of 88,672. The stock has a market cap of $713.12 million, a price-to-earnings ratio of 25.09 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a 1 year low of $20.01 and a 1 year high of $22.44. The business’s fifty day moving average is $21.54 and its two-hundred day moving average is $21.80.

Strategy Shares NASDAQ 7 HANDL ETF Company Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.